Investment bankers see dealmaking lull storing pent-up demand

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

NEW YORK: Some of the world’s top investment bankers said on Wednesday (Nov 8) that a drop in corporate dealmaking in 2023 sets the stage for a pick-u...

Feldgoise, co-head of global M&A for of Goldman Sachs, speaking at the Reuters NEXT Newsmaker event in New York on Wednesday. – Reuterspic

Uncertainty over the Federal Reserve raising interest rates further to fight inflation, the conflicts in the Middle East and Ukraine, concerns about a potential economic slowdown and growing hostility among antitrust regulators to big deals have all weighed on the M&A market. “You can see why some companies are saying, if I don’t have to do this deal now, maybe it is more prudent to wait,” Bank of America chairman of global M&A Steven Baronoff told the panel.

She added that companies were more willing to battle regulators in court over their deals in light of high-profile legal victories some, such as Microsoft Corp and Illumina Inc, have scored. “Litigation has moved from being an insurance policy to being a strategy,” Aiyengar said. “For the medium term, the dealmaking environment will indeed be a little bit less robust,” Jim Esposito, co-head of Goldman’s global banking and markets division, said in an interview at the Reuters NEXT conference.

The total value of M&A fell slightly to US$717.4 billion during the September quarter, according to data from Dealogic, from US$738.1 billion last year during the same period.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 25. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Report: Husband, wife arrested over i-Serve investment to be released on police bail todayKUALA LUMPUR, Nov 8 — A husband and wife, aged 58 and 57, who were arrested two days ago after police received 72 police reports in relation to a money laundering case involving...
Fonte: malaymail - 🏆 1. / 86 Consulte Mais informação »

Grundfos Pumps Malaysia helps businesses to save energy without initial investment.PETALING JAYA: Denmark-based water technology company Grundfos Pumps Malaysia has introduced Grundfos Energy Earnings (GEE) which allows customers to ...
Fonte: theSundaily - 🏆 25. / 51 Consulte Mais informação »

Evergreen keen to venture into investment banking in Asia, eyes licencePETALING JAYA: Evergreen Group Holdings plans to apply for an investment banking licence in an Asian country – especially in Asean and possibly Malays...
Fonte: theSundaily - 🏆 25. / 51 Consulte Mais informação »